Question

How do your deposits help entrepreneurs in other cities?

• A. As income for entrepreneurs
• B. As giveaways for entrepreneurs
• C. As loans for entrepreneurs
• D. As donations for entrepreneurs

Answer 1

The correct option is C As loans for entrepreneurs

Entrepreneurs have various ideas. But to facilitate their ideas, they require capital. In many instances, they may not have the required finance and so, they tend to take loans. Banks use deposits to give loans to these entrepreneurs. The entrepreneurs use this money as capital for their enterprises. This way, the idle resources become productive, and there is development in the market.